(Answered) Bso inc has assets of 600000 and liabilities of 450000

Accounting

BSO, Inc., has assets of $ 600,000 and liabilities of $ 450,000, resulting in a debt-to-assets ratio of 0.75.

For each of the following transactions, determine whether the debt-to-assets ratio will increase, decrease, or remain the same. Each item is independent.

a. Purchased $ 20,000 of new inventory on credit.

b. Paid accounts payable in the amount of $ 50,000.

c. Recorded accrued salaries in the amount of $ 100,000.

d. Borrowed $ 250,000 from a local bank, to be repaid in 90 days.

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